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TUTOR PERINI CORP — Director's Dealing 2008
Jan 4, 2008
31352_dirs_2008-01-04_5f8024b9-f21f-4f91-a84f-1b706d3a27ae.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PERINI CORP (PCR)
CIK: 0000077543
Period of Report: 2008-01-02
Reporting Person: BAND ROBERT (Director, President & COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2008-01-02 | Common Stock | M | 33333 | — | Acquired | 35844 | Direct |
| 2008-01-02 | Common Stock | F | 11632 | $41.30 | Disposed | 24212 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2008-01-02 | Restricted Stock Unit | $ | M | 33333 | Disposed | Common Stock (33333) | Direct |
Footnotes
F1: The restricted stock units convert into common stock of Perini Corporation (the "Company") on a 1 for 1 basis subject to the
Company achieving certain performance criteria for fiscal year 2006.
F2: The restricted stock units were granted on April 5, 2006.
F3: The restricted stock units vested on January 2, 2008 based on the Company achieving certain performance criteria for fiscal
year 2006.
F4: The reporting person continues to hold 66,667 restricted stock units granted on April 5, 2006 which vest in equal
installments on January 1, 2009 and January 1, 2010, subject to the Company's compensation committee's determination that
certain performance criteria for fiscal years 2007 and 2008, respectively, have been met.